Central Europeans Share Mixed Feelings Towards the Euro
Two countries in Central & Eastern Europe (CEE), Bulgaria and Croatia, are on track to introduce the European common currency. In...
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Bulgaria Sued for Refusing to Link Business Register to EU System
The European Commission took Bulgaria to the European Court of Justice after four years of Sofia refusing to link its national...
Faster EU Economic Recovery Expected
In the EU’s Summer 2021 interim Economic Forecast, European Commission experts predict that the economies in the EU and euro area...
First Interest Rate Hike by Hungary’s Central Bank in a Decade
To curb inflation, the Central Bank of Hungary (MNB) on Tuesday raised its base rate by 30 basis points to 0.9%...
EU Raises EUR 20 Billion in Recovery Bonds
As its first attempt to test financial markets, the European Commission on Tuesday announced it had raised EUR 20 billion in...
EC Backs Czechia Against Polish Mine
Poland says that closing down its open-pit brown coal mine in Turow would be an "energy disaster." Even so, the European...
Slovenia Expansion of OTP Bank Raises Political Questions
Hungary's OTP Bank has acquired a 100% stake in Slovenia's Nova KBM after signing a purchase agreement with former shareholders of...
G7 Sign Off on Historic Global Tax Deal
[caption id="attachment_2743" align="alignleft" width="437"] Photo source: HM Treasury[/caption] In a global effort against "tax avoidance," finance ministers from the G7 countries...
EU Proposes Common Digital Identity Wallet
A so-called "digital identity wallet," which would grant access for all European citizens to public and private services through their mobile...
AI & Blockchain: European Investment Bank warns of EUR 10bn funding gap
European investments in artificial intelligence (AI) and blockchain technologies are way behind Chinese and American investments. In a report related to such...
“Wise” Emerges Out of Need and a Region’s Resourcefulness
Central and Eastern Europeans were forced to live under a communist regime for four decades, which hindered their development and broke...